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20121201
20121231
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
growth in the u.s. and that can become even stronger engines for both. china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> we are on the road to an economic renaissance. think about the united states econom
some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spe
markets around the world were closed for christmas, and for the day after christm christmas. china, five-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right now, the web services portion. their amazon is down 1.25%. i don't know if that's the reason. but it was the streaming center in northern virginia that was the source of the netflix outage. it's resolved, th
deal, it will be one of the largest ever by chinese investors. china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still s
of tragedies. >> there was also a similar incidence in china of someone going in but they didn't have a gun so nobody died. it happened on the exact same day. >> stephanie: if we all go to our regular talking points, we're never going to get anything done. all of those catchphrases, guns don't kill people, all of that stuff, there is something we can do. and i honestly feel like everything's a part of it. mental health, cutbacks that affect mental health. obviously guns. senator feinstein's bill should be the start of what we do. absolutely we should ban assault weapons and the clips and close the loophole at gun shows. >> a woman was calling said her granddaughter's school has bulletproof glass and metal doors. you can't get in. >> stephanie: louis gohmert on cue, we need teachers armed. we need more guns. >> we need 6-year-olds armed. >> stephanie: seriously first grade principals, we need them armed like rambo? >> you know what? i would rather have them be trained to teach children. i don't need them to be trai
$16 trillion to debtors like china and that number is growing by billions a day. we are spending $1 trillion a more than we take in every year. you can do the math on that and see if we didn't curb that trend. a day of reckoning will come. nearly 100% of the fight in washington has been about taxes and if we should be raising rates or getting revenue by limiting deductions for that same group. the president has dug in his heels on this issue. treasury secretary timothy geithner making it clear this weekend there will be no deal if rates do not go higher. i don't understand this insistence. if you want to get $100 from me do you care where i get it from? no. you just want your money and the white house is ready and willing to let america go over the cliff over the way the so-called wealthy pay more. something does not make sense here to me. something else makes less sense, namely that we are spending so much time and energy on the tax issue. if we are serious about cutting our deficit we must be having a frank discussion about medicare. the white house and gop have made proal posals.
opened three weeks ago in india. and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as i keep saying. but companies are trying to make long-term plans, even though near term they're very concerned about what's going on. >>> apple stock dropped more than 6% yesterday. watch that? shares down a little bit in premarket trading this morning. there are a few factors that traders suspect drove the selling. today there's another hearing in the patent case with samsung in california and a research report generated buzz that apple's tablet competitors could eat into its market share. apple shares were up 33% so far this year, right? so if somebody's taking some profits, they'
, egypt, seara iran, russia, china. it will be a big year for senator kerry. >> if confirmed. a lot of people think 2016. we hear about jeb bush. what about this year? >> the bush family brand was clearly damaged between 2001 and 2009. the outpouring of love for george h.w. bush in the last week shows us that that clan still has clout and a lot of impact in the u.s. whatever jeb bush does in 2016, now is the time for him to have -- he has already begun doing this, stab himself as an ideological cornerstone for his party. he can draw his party back to the reasonable center. >> do you suspect he will make the move? >> that will be hard for him especially with the wide open primary. >> let's move on to business in 2013. marisa mayer coming to yahoo! from google. >> the fact she's a woman, so very young, announced her pregnancy on the day she was announced as the new head of yahoo!. none of that matters to yahoo!. is she going to acquire apps, acquire a tech company? the fact that they released a new flicker that can compete with instagrahm and did it the day before instagram had their
it matters, and it does. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to "squawk box," everybody. in our headlines we're about an hour away from the november jobs report and the numbers are expected to be impacted by sandy. the dow jones forecast is calling for new 80,000 nonfarm jobs. >>> the reuters forecast is calling for 93,000 new jobs. >>> ibm is implementing a significant change to its benefit program. starting next year matching contributions to employees' 401(k) accounts will be given in one lump sum on december 31st. if a worker leaves the company before december 15th, they won't get anything from that
europe by a long shot, and we're seeing slowing in a lot of other major economies, including china, india, brazil. is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal cliff come into effect, and they're not reversed. and you don't even have to wait for the full magnitude which would, as you rightly know, ali, it's not a cliff, it's a slope. it's an ever-increasing slope over several months. you don't even have to wait long. you've only got to see what would happen when the social security withholdings start increasing, the withholding tax starts to move up. then you see that boomeranging effect we talked about. >> you and i have made fun of a lot of the europeans who have not been able to get their act together. when you look at the united states, who's messing it up more? >> it is --
three behind canada and china, about $460 billion a year. so lot of levers we can use here. of that $460 billion, a huge amount is tourism. is it really worth them sort of gaining this venal corrupt image with this violence. do they want o pay the millions and millions, possibly hundreds of millions in lost tourism just so they can do whatever it is that the corrupt local government is doing to this? >> steve: one of the things is this guy is being charged with is he brought into the country of mexico a gun used by the military, ammunition used by the military as well. you know what? that is flat out not true. this is a case that is so easy to dismiss and yet, we're five days away from christmas and that guy is sitting down there. >> brian: it takes some high ranking person in the state department to pick up the phone and say, get him out of there. >> steve: how about the president? they've got cable in the white house. they're watching fox news channel. that would be great for that family if he -- >> brian: even they get satellite dish. even if it's direct tv, they probably still get us
fireworks. some of those injured were trampled in the rush to get away from the flames. >>> in china, the world's longest highway -- high speed railway is set to open. it connects beijing with go gongzou. it slashes travel time from 22 hours to just eight. but the tickets starting at $138 are still a little steep for some and many travelers say it is still cheaper and faster to fly. >>> so we asked you to pick the most intriguing people of 2012. who is number one? we'll show you along with the rest. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> lrtd, so it is the day after christmas and typically that means a food hangover. it was worth it, wasn't it? so good. but i
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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